This property could be a profitable Mid-Term investment with a projected 11.22% first-year return on $48,450 initial cash invested.
11.22%
Cash On Cash
11.19%
Cap Rate
1.66
DSCR
$2,130
Rent
$453
Cashflow
Cash Flow
$2,130 income − $1,677 expenses = $453 cash flow
Investment Breakdown
|
Purchase Price
$145k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,450
Downpayment
20%
$29,000
Closing costs
1%
$1,450
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,130
Total Expenses
$1,677
Mortgage P&I
38%
$814
Property Taxes
4%
$88
Home Insurance
2%
$51
HOA
0%
$0
Property Management
12%
$256
CapEx
4%
$85
Vacancy
3%
$64
Maintenance
4%
$85
Other
11%
$234